PEX 0.00% 11.5¢ peel mining limited

high-grade zinc discovery confirmed: 21m @ 31.02% Zn, 12.05% Pb, 258 g/t Ag, 1.43 g/t Au, page-34

  1. 2,419 Posts.
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    Discovery holes are always exciting but the proof will be in the resource evaluation drilling as always. At this early stage it looks to be a large mineralised field that PEX is playing with here. The geometry will be important to know and that might take some time and money to understand. VMS systems are highly prosperous though and if this turns out to be significant then the M/C will 10 bag from here.

    In the meantime it will be a roller coaster ride as traders come and go plus the usual fear and greed emotions play on the SP, so buckle your seat belts and enjoy the ride. GLTAH.

    Cheers
 
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